Wilmington HotelsWilmington AdvertiseWilmington AttractionsWilmington BeachesWilmington Business DirectoryWilmingtonWilmingtonWilmington GolfWilmington JobsWilmington NewsWilmington DiningWilmington Weather
     

 

 

Wilmington, NC News

  Free Wilmington Travel Guide!

Archive for March, 2009

NC real estate appraiser pleads guilty in fraud

Wednesday, March 11th, 2009

Video

Body

CHARLOTTE — A North Carolina real estate appraiser has pleaded guilty to a federal charge for his role in a mortgage fraud case involving about $15 million in loans.

Mooresville real estate appraiser Michael Gee was accused of participating in a house flipping scheme, where properties were purchased and resold at much higher prices in simultaneous closings.

The Charlotte Observer reported the scheme involved more than 200 properties.

Assistant U.S. Attorney Matthew Martens said prosecutors think the loss attributable to Gee was in excess of $2.5 million.

Gee pleaded guilty to making a false statement to a bank. Prosecutors dismissed eight other charges, including bank fraud and conspiracy to commit mail, wire and bank fraud.

Gee faces up to 30 years in prison and a $1 million fine when he is sentenced later.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Story image

Story summary

A North Carolina real estate appraiser has pleaded guilty to a federal charge for his role in a mortgage fraud case involving about $15 million in loans.

Story summary image

Associated poll

More: continued here

N.C. DMV to bring back blue-lettered license plates

Wednesday, March 11th, 2009

The state Division of Motor Vehicles announced Tuesday that when the current stock of red-letter plates runs out, vehicle license plate letters and numbers will again be printed in blue.

More: continued here

Tax increase in forecast for Leland

Wednesday, March 11th, 2009

Towns make money when you buy things or build a house. With people not doing that as much, Leland’s growth spurt is slowing down, and two of its biggest breadwinners – sales taxes and building fees – are tumbling.

More: continued here

Drivers causing traffic issues in the Masonboro Loop area

Wednesday, March 11th, 2009

Video

Body

The Wilmington Police Department wants to raise awareness about a traffic issue in the Masonboro Loop area.

During morning rush hour, motorists are using a cut-through on Jasper Place to avoid a busy intersection at Masonboro Loop and Masonboro Sound roads.

Officers say this short street is partially private. Developers have even posted a sign prohibiting through traffic.

Police would like to remind drivers that it is illegal to use a cut through to avoid a traffic light.

We’ll bring you more on this story tonight on WWAY.

Story image

Masonboro300.jpg

Story summary

The Wilmington Police Department wants to raise awareness about a traffic issue in the Masonboro Loop area.

Story summary image

Masonboro150.jpg

Associated poll

More: continued here

Here Now: UNCW nursing students head to Peru to provide medical support

Tuesday, March 10th, 2009

Wednesday morning, Amanda Bodnar and Danielle Cray are providing health care and helping with health care research in Alto Cayma, Peru.

More: continued here

 

Archives

News provided by WWAY NewsChannel 3 and the StarNewsOnline

|Home| |Events| |Attractions| |Accommodations| |Restaurants| |Golf| |Beaches| |Jobs| |Getting Here| |Climate| |Directory| |News| |Advertise| |Contact Us|

 
 
  Welcome to Wilmington, North Carolina